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Why Arm Holdings Stock Plummeted by Nearly 10% Today

If Friday's stock trading session goes down in history, it will be due to the heavy sell-off of semiconductor stocks. One company caught in the downpour was U. K. -based Arm Holdings, which fell by almost 10% on that gloomy day for its industry. The chip stock rout can be traced to one major factor -- Intel 's (NASDAQ: INTC) third-quarter earnings release, published just after market close on Thursday.

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